This topic contains a solution. Click here to go to the answer

Author Question: Economic factors, social factors, technological advances, and political action and regulatory ... (Read 132 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
Economic factors, social factors, technological advances, and political action and regulatory changes are the most important trends to follow in trying to identify opportunities.
 
  Indicate whether the statement is true or false

Question 2

Which of the following selections is incorrect regarding a firm's positioning strategy?
 
  A) Position is concerned with how the firm is situated relative to its competitors.
  B) A firm's decision about how to position itself relative to its competitors starts with a product or service idea that is tested and refined through feasibility analysis and marketing research.
  C) Determining which position in a market to occupy and compete in is a strategic call on the part of a company based on its mission, its overall approach to the marketplace, and its competitive landscape.
  D) Once a firm positions itself in a certain way, it must be able to follow through with a product or service offering that lives up to the image it has created.
  E) After selecting a positioning strategy, the firm's next step is to select a target market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

TRUE

Answer to Question 2

E




rosent76

  • Member
  • Posts: 516
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it


ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library